Form 4: International Money Express CEO Robert Lisy Reports Changes in Beneficial Ownership

Robert Lisy, CEO, President, and Chairman of International Money Express, Inc. (IMXI), reported changes in his beneficial ownership of company stock due to the withholding of shares for tax obligations.

Summary

• On February 29, 2024, Robert Lisy disposed of 9,189 shares of International Money Express, Inc. (IMXI) common stock at a price of $19.70 per share to cover tax obligations.
• On March 4, 2024, Lisy disposed of an additional 8,679 shares at $19.77 per share for the same reason.
• Following these transactions, Lisy directly owns 460,405 shares.
• Lisy also indirectly owns 322,531 shares through Hawk Time Enterprises LLC and 382,260 shares through the Robert Lisy Revocable Living Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors as they can provide insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The disposal of shares by the CEO could be perceived negatively by some shareholders, although it is attributed to tax obligations.
• The transactions have a minimal impact on the company's operations or financial stability.

Key Dates